Abeona Therapeutics (ABEO) Catches Eye: Stock Jumps 5.8%

Abeona Therapeutics Inc.ABEO was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.60 to $5.35 in the past one-month time frame.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

Abeona Therapeutics currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

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